Short Interest in James Hardie Industries plc Rises By 428.5
| CARCY Stock | USD 5.85 0.00 0.00% |
Slightly above 61% of China Resources' investor base is looking to short. The analysis of overall sentiment of trading China Resources Cement pink sheet suggests that many investors are alarmed at this time. China Resources' investing sentiment can be driven by a variety of factors including economic data, China Resources' earnings reports, geopolitical events, and overall market trends.
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James Hardie Industries plc was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 172,300 shares, a growth of 428.5 percent from the November 15th total of 32,600 shares. Based on an average daily trading volume, of
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China Resources Fundamental Analysis
We analyze China Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
China Resources is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
China Resources Cement Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China Resources pink sheet to make a market-neutral strategy. Peer analysis of China Resources could also be used in its relative valuation, which is a method of valuing China Resources by comparing valuation metrics with similar companies.
Peers
China Resources Related Equities
| AHCHY | Anhui Conch | 3.95 | ||||
| HCMLF | Holcim | 1.94 | ||||
| HCMLY | Lafargeholcim | 0.05 | ||||
| AHCHF | Anhui Conch | 0.86 | ||||
| CBUMY | China National | 2.06 | ||||
| HDELY | HeidelbergCement | 2.34 | ||||
| BZZUY | Buzzi Unicem | 4.50 |
Additional Tools for China Pink Sheet Analysis
When running China Resources' price analysis, check to measure China Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Resources is operating at the current time. Most of China Resources' value examination focuses on studying past and present price action to predict the probability of China Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Resources' price. Additionally, you may evaluate how the addition of China Resources to your portfolios can decrease your overall portfolio volatility.